Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Shares Cross Below 50-Day Moving Average of $45.08

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $45.08 and traded as low as $36.15. Invesco S&P 500 Equal Weight Materials ETF shares last traded at $36.20, with a volume of 6,779 shares traded.

Invesco S&P 500 Equal Weight Materials ETF Trading Down 1.4 %

The firm has a market capitalization of $292.89 million, a price-to-earnings ratio of 16.81 and a beta of 1.20. The firm has a 50 day moving average price of $45.08 and a two-hundred day moving average price of $44.59.

About Invesco S&P 500 Equal Weight Materials ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Materials ETF (RTM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RTM was launched on Nov 1, 2006 and is managed by Invesco.

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